API inventories: Crude: -7.4m, Cushing: -0.8m, Gasoline: -0.3m, Distillate: -0.4m

A fight over Gulf of Mexico oil production is looming in Washington as US regulators race to redo guidance on how to protect endangered species ahead of a deadline that could ...

One week after the latest Q2 GDP revision came in hotter than expected on the back of what was supposedly a surge in consumer spending, which helped push US economic growth to a ...

CME Group, the world's leading derivatives marketplace, today reported its second-highest monthly volume ever, with average daily volume (ADV) up 31% to 31.7 million contracts in ...

Since the downturn of global financial markets on August 5—a so-called Black Monday given the significant losses across major stock indices—investors have become more risk averse. ...

Natural gas rose to a new high of 2.27 on Wednesday before pulling back intraday. The day’s high was a successful test of resistance at the 200-Day MA (blue). A breakout above the ...

India has reduced the windfall tax on domestic crude oil production by 12pc from its previous revision to 1,850 rupees/t ($3/bl), in line with a fall in international crude ...